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Veterans want Colorado Tax break

Colorado veterans want a tax break on state income taxes on retirement benefits.

The United Veterans Committee of Colorado (UVC), its members, Colorado’s veterans, and bill sponsors are holding press conference about the benefits of HB18-1060 to Colorado’s retired military and residents. HB18-1060 is THE TOP priority legislation for UVC in 2018 and was approved unanimously by its members. The bill is an investment in the Colorado Economy which will help keep retired military members in Coloradoand attract other retired military members which will yield a high return on investment for the State of Colorado. The bill will enhance Colorado’s economy and workforce while also honoring Military Service. Join us in hearing why this bill is not only important to retired military members but to the State of Colorado.

The bill is co-sponsored by Representatives Jessie Danielson (D) and Lois Landgraf (R), and Senators Larry Crowder (R), and Angela Williams (D).The committee aims to bring awareness to the return on investment this legislation will bring for the State of Colorado. The Committee will be supported at the Capitol by its members, Coloradoveterans and legislators who are fighting to pass the bill for the third year in a row.

HB18-1060 will make Colorado more veteran friendly while also staying competitive with twenty-eight states which do not tax military retirement pay. The UVC is a non-profit coalition of 50 chartered and federally recognized veterans service organizations and affiliates established in 1972.